BITCOIN - Price can bounce of resistance level and leave flat
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊
After price bounced down from resistance area, it fell to $21380 level, thereby broke support level $22535
Then Bitcoin bounced up and started moving up to $25300 level.
Thereby broke $23730 resistance level and area, but soon price declined back to $22535 which coincide with support line.
Next, price tried to grow and back to resistance area again, but failed and started moving down support level.
Also, Bitcoin broke support line, back below $22535 level, and started trades inside of flat.
Now I think price can rise to this level and then start to decline.
In my mind, Bitcoin can exit from flat and fall lower to $21820 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
After price bounced down from resistance area, it fell to $21380 level, thereby broke support level $22535
Then Bitcoin bounced up and started moving up to $25300 level.
Thereby broke $23730 resistance level and area, but soon price declined back to $22535 which coincide with support line.
Next, price tried to grow and back to resistance area again, but failed and started moving down support level.
Also, Bitcoin broke support line, back below $22535 level, and started trades inside of flat.
Now I think price can rise to this level and then start to decline.
In my mind, Bitcoin can exit from flat and fall lower to $21820 level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️